Investing in Property in Anekal, South Bangalore
Anekal is one of the prominent areas of downtown Bangalore at a distance of 35 kms down south. The place has gained early prominence, since it was famous for growing Ragi and was the Ragi depot of Karnataka and is now the home of hitech Electronics city, where the giants if IT industry are housed. Feverish development of infrastructure and the flyovers in the region have contributed to heightened interest in Property in Anekal.
With large amount of constructions, lot of green cover was lost. Nevertheless, there is a nice waterfall just 5 km away, which is a great picnic spot. The superior advantages to invest in Property in Anekal are:
a) Presence of a large number of reputed schools and educational institutions in this area. Alliance business school, a premier and expensive business school is based here. IIM Bangalore too is scheduled to open its second campus, further making it an education hub.
b) With electronics city, the pride of the country, a large number of IT companies employ significant numbers of people. These include TCS, Infosys, Wipro, IBM, Accenture, Biocon and many others. Besides Jigani industrial area and Hosur, a bustling industrial centre is located nearby, boosting the real estate valuations. As such Property in Anekal is in great demand.
c) Anekal is also famous for the silk weavers and is home to Karnataka's silk industry.
d) The Banergatta Wild life Sanctuary is situated in Anekal taluk, where lot many visitors come. This also has given impetus to the service and hospitality industries. There are many respected temples in this area, chiefly Kambada Ganesha temple, Lord Srirama Temple and Temple of Lord Chennakeshava.
e) An Individual Town Ring Road called ITRR is proposed for Anekal town, which will be a Ring around Anekal Town, as per the CDP 2015 plan of the government.
With large scale industrialisation of the area and expansion of the electronics city, Property in Anekal has seen continued interest. Large number of builders has commenced very large projects. Surya city is developing 3600 acres in 3 phases over 12 years and presently phase 1 is completed. Currently under construction is Allianz Eldorado Park on 275 acres on the Anekal Jigani Road which has 1100 villas, 200 row houses, 500 apartments a 18- hole golf course, 4 screen Multiplex and a 5 star hotel with 150 rooms.
The massive Allianz Shopping Mall on Anekal Jigani Road is planned inside the Allianz Eldorado Park with 1,75,000 sq.ft area, making it one of the largest in Bangalore. Average rates for residential properties are about Rs 6000 per sft and for independent houses at Rs 3500 per sft. Anekal is sure to appreciate enormously in the future.
With large amount of constructions, lot of green cover was lost. Nevertheless, there is a nice waterfall just 5 km away, which is a great picnic spot. The superior advantages to invest in Property in Anekal are:
a) Presence of a large number of reputed schools and educational institutions in this area. Alliance business school, a premier and expensive business school is based here. IIM Bangalore too is scheduled to open its second campus, further making it an education hub.
b) With electronics city, the pride of the country, a large number of IT companies employ significant numbers of people. These include TCS, Infosys, Wipro, IBM, Accenture, Biocon and many others. Besides Jigani industrial area and Hosur, a bustling industrial centre is located nearby, boosting the real estate valuations. As such Property in Anekal is in great demand.
c) Anekal is also famous for the silk weavers and is home to Karnataka's silk industry.
d) The Banergatta Wild life Sanctuary is situated in Anekal taluk, where lot many visitors come. This also has given impetus to the service and hospitality industries. There are many respected temples in this area, chiefly Kambada Ganesha temple, Lord Srirama Temple and Temple of Lord Chennakeshava.
e) An Individual Town Ring Road called ITRR is proposed for Anekal town, which will be a Ring around Anekal Town, as per the CDP 2015 plan of the government.
With large scale industrialisation of the area and expansion of the electronics city, Property in Anekal has seen continued interest. Large number of builders has commenced very large projects. Surya city is developing 3600 acres in 3 phases over 12 years and presently phase 1 is completed. Currently under construction is Allianz Eldorado Park on 275 acres on the Anekal Jigani Road which has 1100 villas, 200 row houses, 500 apartments a 18- hole golf course, 4 screen Multiplex and a 5 star hotel with 150 rooms.
The massive Allianz Shopping Mall on Anekal Jigani Road is planned inside the Allianz Eldorado Park with 1,75,000 sq.ft area, making it one of the largest in Bangalore. Average rates for residential properties are about Rs 6000 per sft and for independent houses at Rs 3500 per sft. Anekal is sure to appreciate enormously in the future.
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